Levine Leichtman Capital Partners joins forces with SYNERGY HomeCare to accelerate nationwide growth

Levine Leichtman Capital Partners announced its acquisition of SYNERGY HomeCare Franchising, a leading in-home care provider, from NexPhase Capital.

SYNERGY will continue to be led by its CEO, Charlie Young, and the existing executive team. “We are thrilled to partner with Charlie and his team,” said Matthew Frankel, Managing Partner at LLCP. “Their exceptional leadership has driven SYNERGY’s growth, and we look forward to supporting them in accelerating sales and territory expansion.”

LLCP brings extensive experience in franchising, with prior investments in Senior Helpers, Caring Brands, and other franchise-based companies such as Tropical Smoothie Cafe and Hand & Stone. This acquisition represents LLCP’s 17th investment in franchising and aligns with the firm’s strategy of enhancing value through strategic growth initiatives.

Honigman LLP and DLA Piper provided legal counsel for the transaction. Apogem Capital provided debt financing. Houlihan Lokey and Robert W. Baird & Co advised SYNERGY throughout the transaction. 

This partnership underscores LLCP’s commitment to investing in scalable businesses with strong leadership, positioning SYNERGY for continued success in the growing home care market.

Founded in 1999 and headquartered in Tempe, Arizona, SYNERGY operates more than 240 franchises across 550 territories in 42 states. The company delivers a wide range of non-medical home care services, including personal care, companion care, memory care, and specialised assistance for individuals with chronic health conditions, disabilities, or those recovering from illness or surgery.

Source: PR Newswire

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